Electric Scooters to Continue Skyrocketing in Popularity, Reports IDTechEx
The market for electric scooters and motorcycles is booming outside of China as more countries are looking to shift away from ICE counterparts.
- The market for electric scooters and motorcycles is booming outside of China as more countries are looking to shift away from ICE counterparts.
- IDTechEx expects growing markets like Vietnam and India to take up larger market shares in the coming years as Chinese sales decline.
- In 2022, about 470,000 electric two-wheelers (mainly low-power e-scooters) were sold, with IDTechEx forecasting sales to cross over 9 million units by 2043.
- The IDTechEx report covers the regions mentioned above in more detail and EU+UK and US markets for electric two-wheelers.